Wide Ranging Diversification

Wide Ranging Diversification Hansavivek SHRIRAM FIBRES is expanding and diversifying its activities. It proposes to invest substantial amounts in its existing units at Manali and Viralimalai, both in Tamil Nadu. Apart from modernisation, this would also result in addition to capacity by balancing of equipment. The company has planned to instal facilities at the Manali plant for producing polyester industrial yarn, for which a letter of intent has been secured. Meanwhile, SRF Nippondenso's.plant at Surajpur in UP is about to go on stream and will start supplying automotive electricals to automobile manufacturers like DCM Toyota,